EP228: 20 Years of “A View From Wall Street” at Oxford

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We have been presenting “A View From Wall Street” at the annual Oxford Energy Seminar since 2006. The seminar brings together around 50 “next generation” leaders at national oil companies, Western majors, refiners, and various government agencies from around the world. The opportunity to join this esteemed gathering at Oxford each year is a career highlight. The participants, we would note, spend 10 days on campus hearing from a range of speakers such as yours truly while also engaging in group projects/discussions meant to foster networking and diverse perspectives on the outlook and challenges facing the energy sector. It skews “oil” in terms of participant representation and is run by the former CEO of Kuwait Petroleum Company.

This year, one of the participants asked me what common themes and lessons have I learned in over 20 years of speaking? How had the outlook changed? It is a great question. So, what we are going to do this week is take a look back on what we were saying at the time, what we got right, what we got wrong at the time relative to how things ultimately played out.

0:00 Introduction

2:12 1992-2001: $15-$25 Forever

7:29 1st OES: Isn’t The Rise to $60 Just Speculation?

10:04 2014 OES: “Normal” Discussions About Outlook

12:09 2019 OES: Can Shale Endure at $50?

14:03 OES 2023: Energy Transition Doom & Gloom

16:23 OES 2026: “Thank You For An Optimistic Take”